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$891,000

5127 Steep Forest Circle, Katy, TX, 77494

Off MarketInfo
Beds5 Beds
Baths6 Bath
Baths4,422 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$144.73 / sqft
Year BuiltBuilt in 2011

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Double Oven, Electric Oven, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Lot Size10,824 sqft

Building Information

Year Built2011
Stories2
Roof Type105
Garage Spaces3

Land Information

APN2278-46-003-0160-914
Lot Number16
SubdivisionCinco Ranch Southwest Sec 46
Land UseResidential
Legal DescriptionCINCO RANCH SOUTHWEST SEC 46, BLOCK 3, LOT 16
Census Tract673110
Assessed Land Value$126,126
Assessed Improvement Value$719,629
Assessment Year2025

About this property

Absolutely stunning Highland 616 floorplan shows like a model and rivals new construction! Impeccable style + attention to detail can be found both inside & out. Home sits on a premium CORNER, CULDESAC LOT w/ LAKE VIEW across the street. OUTDOOR FIREPLACE and sparkling POOL/SPA create tranquil backyard ambiance, not to mention the large side yard. Step inside and the rave reviews continue! Extended HARDWOOD floors. 3 1/2 " wooden SHUTTERS. Gourmet Kitchen w/ H-U-G-E GRANITE ISLAND, DBL OVENS, under cabinet lighting, butlers pantry & wine chiller. Master Retreat w/ luxurious bath incl jetted tub + wardrobe system in closet. Highly sought after 2ND BEDROOM DOWN & ENSUITE BATH. Upstairs brings all the fun w/ GMRM, MEDIA, KITCHENETTE w/mini fridge, microwave & sink, plus a CARDROOM (or 2nd office). 8' OVERSIZED GARAGE DOORS (yes, your truck can fit!), Wrought Iron Automatic Driveway Gate, Porte cochere, Exterior Up Lighting...and so much more! Be sure to view the 3D tour online as well!

Investor Tools

Property Icon
$891,000
Estimated Property Value
$0Estimated Mortgage Balance
$708,872Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,346 /month
Positive
Cash Flow Estimate:
$1,782 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,284/month
$1,150/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,952
$845,755
2025
$126,126
$719,629
$845,755
No

Tax History

Year
Tax Paid
Assessed Value
2025
$10,952
$845,755

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
National Bank
Conventional
$205,000
No
First
Aug 3, 2020
Sep 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$182,128
$708,872
79%
20%
$1,230/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Katy

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5127 Steep Forest Circle | Property Details | No Agent List